Subscription
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RentGuarantor (AQSE: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum wishing to rent property in the UK private rental sector, is pleased to announce that another investor has participated in the subscription announced on 6 March 2024.
RentGuarantor has raised further gross proceeds of £34,998.02 through the subscription of 12,773 new ordinary shares ("Subscription Shares") at the full market price of £2.74 per share under existing unspent share authorities.
Application has been made for the Subscription Shares to be admitted to trading on the Aquis Stock Exchange Growth Market on or around 13 Mai 2024 ("Admission") and the Subscription Shares will rank pari passu with the ordinary shares of the Company in issue.
On Admission the Company will have 11,870,050 ordinary shares in issue, each ordinary share with one voting right. This number should be used by shareholders as the denominator for the calculation by which shareholders will determine if they are required to notify their interest in, or a change to their interest in the Company.
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